Call reports 2015

SOUTHERN BANK COMPANY, THE — 2015

Name: SOUTHERN BANK COMPANY, THE — FFIEC call report 2015
Creator: SOUTHERN BANK COMPANY, THE

What SOUTHERN BANK COMPANY, THE reported to the FFIEC in 2015, quarter by quarter.

PERIOD: 2015SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/fd3a83fc-6e33-41ae-9bed-65035a9b6421/2015

Balance sheet

What the bank holds and owes at quarter end

Measure	2015Q1	2015Q2	2015Q3	2015Q4
Total assets	97,509,000	97,435,000	98,118,000	100,335,000
Total loans	44,310,000	44,488,000	45,301,000	54,569,000
Allowance for loan losses	442,000	551,000	458,000	492,000
Securities available for sale	46,433,000	42,441,000	43,195,000	40,984,000
Securities held to maturity	2,000	1,000	1,000	0
Trading assets	0	0	0	0
Total deposits	73,772,000	75,901,000	78,469,000	81,253,000
Interest-bearing deposits	70,108,000	71,931,000	74,683,000	75,351,000
Noninterest-bearing deposits	3,664,000	3,969,000	3,786,000	5,902,000
Equity capital	14,156,000	13,702,000	13,807,000	13,420,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2015Q1	2015Q2	2015Q3	2015Q4
Interest income	797,000	1,695,000	2,628,000	3,577,000
Interest expense	189,000	388,000	593,000	792,000
Net interest income	608,000	1,307,000	2,035,000	2,785,000
Noninterest income	148,000	174,000	212,000	239,000
Noninterest expense	824,000	1,696,000	2,568,000	3,476,000
Provision for loan losses	40,000	155,000	215,000	248,000
Pretax income	-108,000	-210,000	-378,000	-542,000
Income tax	-41,000	-89,000	-153,000	-215,000
Net income	-67,000	-121,000	-225,000	-327,000

Basel measures — not reported for every quarter

Measure	2015Q1	2015Q2	2015Q3	2015Q4
Tier 1 capital	13,484,000	13,431,000	12,872,000	12,769,000
Total capital	13,926,000	13,982,000	13,330,000	13,261,000
Risk-weighted assets	49,056,000	50,895,000	51,626,000	60,476,000